Patni Comp Q1CY11 PAT seen dn 27% at Rs 129cr
Patni Computer is to announce its first quarter CY11 results. According to CNBC-TV18's estimates, the company's Q1CY11 USD revenues are seen up 2.44% at USD 187.47 million versus USD 183 million, quarter-on-quarter, QoQ.
April 26, 2011 / 23:24 IST
Patni Computer is to announce its first quarter CY11 results. According to CNBC-TV18's estimates, the company's Q1CY11 USD revenues are seen up 2.44% at USD 187.47 million versus USD 183 million, quarter-on-quarter, QoQ.
Its revenues are seen up 3.23% at Rs 846.5 crore versus Rs 820.03 crore.Its operating profit is seen up 5% at Rs 155 crore versus Rs 148 crore.Its OPM is seen up 18.31% vesus 18.04%.The company's net profit is seen down 27% at Rs 128.76 crore versus Rs 176.46 crore.Other income expected to be lower at Rs 28 cr vs Rs 61.6 cr(Forex gain in Q4 at Rs 36.38 cr($ 8.1 M))Q1CY11 expectations
* Expect revenue growth at 2.5% QoQ in USD terms
* Growth to be volume led 2.4% improvement and pricing improvement of 0.1%
* Currency will aid growth by 0.8%
* Last quarter Co stopped its usual practice of giving guidance on next quarter's revenue and profit to align with practices of new promoter, iGate
* Expect margin expansion of 27bps due to project ramp up
* Watch out for management commentary on much anticipated deal pipeline
* Need to keep eye on defection of employees amidst integration with iGate, client concentration and currency volatility
* What to look for: Large deal wins, timelines for integration with iGate, and attrition trend Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
